Simplex Papers Ltd Reports Cessation of Independent Director Tenure
Simplex Papers Ltd confirmed that Smt. Sita Sunil (DIN: 00041722) has completed her first term of five years as an Independent Director, resulting in her cessation as a Director of the Company effective from the close of business hours on April 6, 2026.The company noted that with this change, Smt. Sita Sunil also ceased to serve as the Chairperson of the Audit Committee and Nomination & Remuneration Committee, and as a Member of the Stakeholders' Relationship Committee. The Board of Directors acknowledged her valuable contributions, guidance, and support throughout her tenure.
The composition of key board committees underwent changes effective April 7, 2026.
The following table details the change in directorship:
| Name | Reason for change | Date of cessation |
|---|---|---|
| Sita Sunil (DIN: 00041722) | Cessation due to completion of first term of five years as an Independent Director and consequently ceased to be a Director of the Company | April 6, 2026 |
The Board of Directors, Audit Committee, Nomination & Remuneration Committee, and Stakeholders' Relationship Committee compositions following the changes are detailed below.
Board of Directors Composition
The current composition of the Board of Directors is as follows:| Sr. No. | Name of Director | DIN | Category |
|---|---|---|---|
| 1 | Shri Manish Harshey | 07733097 | Independent Director |
| 2 | Shri Shekhar Singh | 03357281 | Non-Executive Director |
| 3 | Smt. Fatima Fernandes | 00506058 | Non-Executive Director |
Committee Structure After Changes
The makeup of the company's key committees following the transition is presented in the tables below.Audit Committee
| Sr. No. | Name | Position | Category |
|---|---|---|---|
| 1 | Shri Manish Harshey | Chairperson | Independent Director |
| 2 | Shri Shekhar Singh | Member | Non-Executive Director |
| 3 | Smt. Fatima Fernandes | Member | Non-Executive Director |
Nomination & Remuneration Committee
| Sr. No. | Name | Position | Category |
|---|---|---|---|
| 1 | Shri Manish Harshey | Chairperson | Independent Director |
| 2 | Shri Shekhar Singh | Member | Non-Executive Director |
| 3 | Smt. Fatima Fernandes | Member | Non-Executive Director |
Stakeholders' Relationship Committee
| Sr. No. | Name | Position | Category |
|---|---|---|---|
| 1 | Shri Manish Harshey | Chairperson | Independent Director |
| 2 | Shri Shekhar Singh | Member | Non-Executive Director |
| 3 | Smt. Fatima Fernandes | Member | Non-Executive Director |
Stock Price Movement
Simplex Papers Ltd shares are ticking up, currently holding at ₹1450.00, representing a gain of 2.29% as of 06 Apr 26.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.